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Strategies & Market Trends : The New Economy and its Winners

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To: Glenn D. Rudolph who wrote (1699)9/26/2000 12:54:36 AM
From: HG  Read Replies (2) of 57684
 
<<<unless it goes way up>>

The strategy is meant to cut the losses, and ride a short term dip, esp if one does not wish to be assigned at the strike price of the put.... If it goes "way up" I'd presume one would cover the short shares quickly somewhere near the strike price and let the premium expire...

Like I said, I wasn't talking you into shorting CSCO. Just outlining a strategy in general...
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